South Korea's largest K-pop agency loses $420 million in value as girl group NewJeans set to part ways

Iraqi police clashed with Popular Mobilisation Forces in Baghdad after they stormed an Agriculture Ministry building.In Baghdad, violence erupted between Iraqi police and the Iran-aligned Popular Mobilisation Forces (PMF) after PMF fighters disrupted an Agriculture Ministry meeting, resulting in one police officer dead and 14 fighters detained. The incident highlights tensions between state authority and militia influence in Iraq, prompting a government investigation. Want More Context? 🔎

British Prime Minister Keir Starmer will hold a cabinet meeting next week to discuss the situation in Gaza amid increasing pressure to recognize a Palestinian state. This comes after over 220 UK MPs urged Starmer to follow France's lead in recognizing Palestine, while he maintains that such recognition should occur only as part of a negotiated peace deal. Want More Context? 🔎

A passenger train derailed in a remote area of southeastern Baden-Württemberg, Germany, resulting in multiple injuries and several feared dead among the approximately 100 passengers on board. The incident led to a declared 'mass casualty incident,' with emergency services struggling to access the flipped train carriages for rescue efforts. Want More Context? 🔎

The United States and European Union have reached a significant trade deal, announced by President Donald Trump during a meeting with European Commission chief Ursula von der Leyen in Scotland. The agreement includes 15% tariffs on EU goods, a $600 billion EU investment in the US, and substantial purchases of US energy and military equipment, aimed at rebalancing trade and enhancing cooperation between the two economic powers. Want More Context? 🔎

With the upcoming debate on a new 15% tax on superannuation balances over $3 million, older-style savings bonds are gaining attention as a simpler, flexible investment option offering tax-free savings. Unlike the proposed super tax, which applies to unrealized gains, these bonds incur a 30% tax only on actual earnings and capital gains, providing potential tax efficiency and early access benefits. Want More Context? 🔎

Jordan and the UAE have air-dropped 25 tonnes of aid into northern Gaza amid a "tactical pause" in fighting by Israel, which has faced international pressure to address the humanitarian crisis. Despite this, nine people were reported killed by Israeli fire near aid routes, while many Gazans struggle with severe food shortages and malnutrition. Want More Context? 🔎